Want to see META full AI Analyst Report?
Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
7.17Last Year’s EPS
7.14Same Quarter Last Year
Strong Buy
Based on 37 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call conveyed strong operational momentum—robust revenue and ad metrics, significant engagement gains (especially video and Reels), rapid adoption of AI products (Muse Spark / Meta AI), accelerating business-AI usage, and large infrastructure investments to scale AI. Key risks highlighted include sharply higher expenses and capital commitments, Reality Labs softness in headsets, one-time tax volatility, geographic outages and regulatory/legal risks, and unrealized investment losses. On balance the positives around growth, monetization improvements, product momentum, and cash/profitability outweighed the near-term cost and regulatory headwinds.Company Guidance
Massive Daily Reach and Strong Engagement
More than 3.5 billion people used at least one Meta app daily in March; Instagram and Facebook daily and monthly actives continued to grow with video driving all-time-high engagement.
Robust Revenue Growth
Q1 total revenue of $56.3 billion, up 33% year-over-year (29% constant currency); Family of Apps revenue $55.9 billion, up 33% YoY; Family of Apps ad revenue $55.0 billion, up 33% (29% CC).
Strong Ad Demand and Monetization Gains
Ad impressions increased 19% YoY and global average price per ad rose 12% YoY; monetization improvements include adaptive ranking driving a 1.6% conversion uplift, Lattice/GEM enhancements delivering >6% higher conversion for landing-page-view ads, and GenAI video creative tests showing >3% higher conversion.
Successful Muse Spark Release and Meta AI Momentum
Launched Muse Spark (MuSpark) and upgraded Meta AI—early feedback positive; double-digit percent increases in Meta AI sessions per user after rollout and the Meta AI app consistently ranking near the top of app stores.
Rapid Business AI and Advertiser Adoption
Business AIs weekly conversations rose roughly 10x year-to-date to >10 million/week; 8+ million advertisers using at least one GenAI ad creative tool; Meta AI business assistant resolving common account issues at a 20% higher rate; value optimization suite revenue run-rate >$20 billion (more than doubled YoY); partnership ads run-rate ~$10 billion (more than doubled YoY).
Significant Infrastructure Build to Support AI
Q1 capital expenditures (incl. finance lease principal) $19.8 billion; FY 2026 CapEx guidance raised to $125–$145 billion (up from $120–$135B) to secure capacity and components; rolling out custom silicon and mix of AMD/NVIDIA systems; $107 billion step-up in contractual commitments to support scaling.
Strong Profitability and Liquidity Metrics
Q1 operating income $22.9 billion (41% operating margin); net income $26.8 billion ($10.44 EPS) including a one-time tax benefit; free cash flow $12.4 billion; cash & marketable securities $81.2 billion with $58.7 billion in debt.
AI Glasses Momentum
AI glasses daily usage tripled year-over-year; new Ray-Ban MetaOptics released and consumer demand shifting to upgraded generation with improved battery and resolution.
Recommendation and Video Engagement Improvements
Instagram ranking improvements drove a 10% lift in Reels time spent; Facebook total video time increased >8% globally (largest QoQ gain in four years); Facebook US & Canada video watch time rose 9% in Q1; same-day posts now >30% of recommended Reels (more than 2x YoY); over 500 million weekly viewers on AI-translated videos per app.
META Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
META Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $668.50 | $611.34 | -8.55% |
Jan 28, 2026 | $667.54 | $737.00 | +10.40% |
Oct 29, 2025 | $749.72 | $664.74 | -11.33% |
Jul 30, 2025 | $692.94 | $770.91 | +11.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Meta Platforms, Inc. (META) report earnings?
Meta Platforms, Inc. (META) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Meta Platforms, Inc. (META) earnings time?
Meta Platforms, Inc. (META) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is META EPS forecast?
META EPS forecast for the fiscal quarter 2026 (Q2) is 7.17.
